The 10 most important facts about the new German Minimum Wage ...

NEW MINIMUM WAGE IN GERMANY The 10 Most Important Facts

The minimum wage requirement can be fulfilled by paying a corresponding hourly wage. Alternatively, it is possible to agree a monthly base salary if an average ...

New Minimum Wage in Germany: The 10 Most Important Facts

The Germany Government has agreed to introduce its first national minimum wage. It will take effect from 1 January 2015. We outline the 10 most important ...

Minimum wage in Germany: The current debate – IWH Halle

The minimum wage in Germany is currently 12.41 euros gross per hour. With only a few exceptions, such as minors without a vocational qualification and interns.

Minimum wages - German Federal Statistical Office

Nearly one in five persons in dependent employment (19%) worked in the low-wage sector in Germany in April 2022. This means that roughly 7.5 million jobs ...

Minimum wage in Germany - Wikipedia

Germany's minimum wage is €12.41 per hour, pre-tax since 1 January 2024. The legislation (German: Gesetz zur Regelung eines allgemeinen Mindestlohns)

Germany's Minimum Wage Controversy: Will the EU Directive Be ...

According to OECD calculations, the German minimum wage has fluctuated between 46 and 48 per cent of the median wage for full-time employees ...

Minimum wages and their role for euro area wage growth

The most pronounced increase is in Germany, where the minimum wage is set to rise to €12 per hour in October 2022, reflecting a 25% increase compared with ...

The effects of the new statutory minimum wage in Germany

Based on these top 20 sectors with the highest incidence of jobs earning less than €8.50 per hour in 2014, according to VVE data wages in ...

The Minimum Wage in Germany: Institutional Setting and a ...

Data from the most recent Earnings Survey (ES) from April 2022 indicate a greater proportion of employees with an hourly wage at or below the ...

Statutory minimum wage amount Germany | Statista

From January 2024, the new minimum wage in Germany was 12.41 euros an hour ... facts. More about Statista. About Statista · Why trust Statista ...

Minimum Wage - BMAS

The general statutory minimum wage is the minimum wage level, which may not be undercut. It was introduced to protect workers in Germany from unreasonably low ...

Employment Effects of the New German Minimum Wage

The new minimum wage is certainly the most important labor market legislation in Germany ... Germany are significant at the 10% level.

Adequate minimum wages in Germany and Europe | etui

The year 2022 can once again become a year of the minimum wage. The new government coalition wants to raise the statutory minimum wage to 12 euros per hour in ...

Minimum wages, maximum wages and the level of economic ... - Telos

First, an explanation of that “postal minimum wage.” Most outsiders are probably unaware that Germany doesn't have a minimum wage like the US, the UK, or France ...

Wage Inequality in Germany after the Minimum Wage Introduction

The minimum wage lowered wage inequality within eastern and western Germany but also led to a convergence of the east-west wage differential. The increased ...

Effects of the German Minimum Wage on Wages and Household ...

As a result of this large increase, the statutory minimum wage in Germany is currently close to the target values of 60 % of the gross median ...

The German Statutory Minimum Wage and Its Effects on Regional ...

This reform, widely acknowledged as one of the most significant institutional changes to the German labor market since the “Hartz” reforms in 2003–2005,.

Germany set to raise minimum wage by more than 3%, unions want ...

Germany will have to implement the EU minimum wage directive by the end of 2024 at the latest - setting minimum wages at 60% of the average for ...

Germany: Minimum wage country profile - Eurofound

The specific level of the statutory minimum wage is set by a Minimum Wage Adjustment Ordinance of the Federal Ministry of Labour and Social Affairs (BMAS) every ...

The Effects of the Compulsory Minimum Wage in Germany - ifo Institut

It is therefore very important to analyse the actual consequences. An initial observation is that the very positive development in the German labour market ...